Directorate/Executive Appointments GRINDROD LIMITED (Registration number: 1966/0009846/06) Share code: GND & GNDP ISIN: ZAE000072328 & ZAE000071106 In accordance with the requirements of paragraph 3.59 of the Listing requirements of the JSE the following should be noted: DIRECTORATE/EXECUTIVE The board of directors of Grindrod Limited are pleased to announce the appointment of Alf Cato Brahde and Grant Glenn Gelink as independent non-executive directors effective 1 January 2013. Cato qualified as a naval architect at the University of Newcastle upon Tyne, gained a Master of Science in Business Administration from Boston University, and holds a Diploma in Company Direction. His current position is Managing Director of Tufton Oceanic (Isle of Man) Limited. He has many years of international shipping experience. Grant is a Chartered Accountant and previous Chief Executive Officer of Deloitte Southern Africa. In addition, Bongiwe Ntuli has been appointed as a member of the group executive committee in the position of Executive: Corporate Services with effect from 1 December 2012. Bongiwe is a Chartered Accountant and currently Divisional Chief Executive – Finance for the Freight Services division in Grindrod. Sponsor: Grindrod Bank Ltd 28 November 2012 Date: 28/11/2012 02:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.